Transaction in Own Shares

RNS Number : 8444G

MITIE Group PLC

24 November 2015

 



24 November 2015

Mitie Group plc

Mitie Group plc (the "Company") - Transaction in own Shares

Pursuant to the general authority given to the Company by shareholders, the Company announces that it has purchased ordinary shares of 2.5p ("Shares") each as follows:

Date of purchase: 24 November 2015

Number of Shares purchased: 1,000,000         

Highest price paid: 299.5p   

Lowest price paid: 291.1p

The purchase represented an average price of 293.63p per Share.

The purchased Shares will be cancelled. Following this purchase and cancellation, the total number of voting rights in the Company is 362,834,596.  The Board has approved the purchase of Shares in order to offset the increase in share numbers anticipated from the issue of Shares in connection with the Company's share schemes and under the Mitie Model.

-Ends-

For further information, contact:

Erica Lockhart

Executive Affairs Director, Mitie Group plc

T: [phone]                   M: [phone]  E: [e-mail] 

Helen Greenwood

Investor and Public Relations Manager, Mitie Group plc

T: [phone]                   M: [phone]                   E: [e-mail]

What is Mitie?

Mitie is a FTSE250 strategic outsourcing company.

We work with people who want to perform better - now and in the future. We help our clients to run more efficient and effective businesses by looking after their facilities, their energy needs and the people they're responsible for.

We're all about developing our people to excel every day, challenge the status quo, and inspire change in the way people live and work.

Find out more at www.mitie.com

 

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